The Federal Trade Commission is expected to sue Amazon for antitrust violations next week, according to people familiar with the matter — the agency’s fourth swipe at the retail giant in 2023.
September 22, 2023Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
FTC Poised to Sue Amazon for Antitrust Violations
UAW Strikes Spread to 38 Locations in 20 States
The president of the United Auto Workers said Sept. 22 the union will expand its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states.
September 22, 2023Volvo Energy Developing Second-Life Plans for Truck Batteries
GOTHENBURG, Sweden — Executives from Volvo Energy said they are developing long-term life cycle plans for batteries used in their electric trucks, with an emphasis on energy storage.
September 22, 2023Volvo Picks New Chairman Amid Spinoff Talk
Volvo Group, one of the world’s largest truck makers, has proposed that Par Boman be appointed its new chairman at the Swedish company’s annual general meeting in March.
September 22, 2023Freight Executives Press Congress on Trucking Priorities
WASHINGTON — Policy initiatives that could improve economic and legal conditions for the trucking industry were raised during a meeting between family-owned stakeholders and lawmakers.
September 21, 2023EPA’s Own Scientists Warn Ethanol Might Not Be Green Enough
The U.S. government’s own scientists on Sept. 21 questioned whether corn-based ethanol is better for the environment than traditional petroleum-based fuels.
September 21, 2023Government Contests Fitzgerald Gliders' $83 Million Court Win
A civil jury found in favor of former glider manufacturer Fitzgerald in an $83 million federal tax dispute with the IRS. Federal attorneys haven’t given up on the outcome of the trial.
September 21, 2023Buttigieg Emphasizes Supply Chain, Safety at House Hearing
WASHINGTON — The nation’s top transportation officer said the infrastructure law and other administration initiatives are helping to improve freight connectivity and highway safety.
September 21, 2023Hapag-Lloyd to Install Satellite Internet on Containerships
Hapag-Lloyd AG, the biggest container shipping line based in Germany, said Sept. 21 it will install SpaceX’s Starlink internet service aboard the ships it owns and manages.
September 21, 2023Biden Orders Continued Monitoring of Norfolk Southern
President Joe Biden ordered federal agencies to continue holding Norfolk Southern accountable for its February derailment in eastern Ohio and appoint a FEMA official to oversee East Palestine’s recovery, but he still stopped short of declaring a disaster.
September 21, 2023Follow Us
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